Seminar on International Economics (10.8)

 

时间：2014年10月8日（周三）14:00-15:30

地点：北京大学国家发展研究院/中国经济研究中心小教室

主持：余淼杰

主讲：余智，上海财经大学

 

主题：Policy Credibility and Firm Performance: Theory and Evidence From Chinese Trade Reforms

 

摘要：This paper examines how changes in trade policy credibility (or uncertainty) affect firm entry and technology decisions by exploring China's entry into the WTO (Dec 2001) as a shock that locked in Chinese tariff reductions reduced uncertainty about increases in protection in foreign markets. Using a heterogeneous firm model and Chinese micro-level production and trade data, the paper shows, both theoretically and empirically, that reduction of foreign tariff uncertainty and home input tariff uncertainty leads to an increase of both TFP of Chinese firms and their exports (in both intensive and extensive margins), while reduction of home output tariff uncertainty has an opposite impact.

 

演讲者简介：余智，上海财经大学国际工商管理学院助理教授，博士毕业于中国人民大学和美国乔治敦大学。研究兴趣为国际贸易、国际金融。

  Handley, Limao, Lude ma and Yu(2014)-Abstract.pdf

  Zhi_Yu_CV_Updated.pd f